The test is compatible with lateral flow technology and could be used to provide tuberculosis testing in low-resource settings.

The Johns Hopkins University spinout's MycoMeia Aspergillus Assay is used to aid the diagnosis of the lung disease aspergillosis in immunocompromised patients.

The firm said it is in talks with payors about pilot programs and it expects to soon publish data on the use of its test to improve outcomes and reduce healthcare costs.

The company also announced it would be divesting its Exosome Diagnostics business and selling it to MDxHealth.

The firm saw an increase in diagnostics solutions sales in the second quarter, particularly within its QuantiFeron and QiaStat-Dx businesses.

The firm anticipates lower-than-previously-expected COVID test sales will be offset by shifts in trade policy and tariff mitigation efforts.

As part of the deal, the company is acquiring a "significant library of potential applications" of the test's exosome-based technology.

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